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Lexus IS 250 / IS 350 Lease Questions

1166 messages,  Last post on Dec 06, 2009 at 10:52 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Lexus IS 250, Lexus IS 350, Lexus IS, Car Leasing, Sedan


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#487 of 1166
Re: IS 250 Lease [ahoward2] by kyfdx HOST
Jan 27, 2008 (7:28 pm)
Reply

Replying to: ahoward2 (Jan 27, 2008 10:49 am)

A couple of things..
 
It doesn't sound like they are taking your car in trade.. If they are cutting you a check to payoff the rest of your lease, then you still have to turn your car back into BMWFS... and will still have to pay for the bumper and fog light..
 
Also, it doesn't sound like you really like the car.. If you are trying to save money, you can lease an Acura TSX for well under $400/mo..
 
Good luck!
#488 of 1166
Re: IS 250 Lease [kyfdx] by ahoward2
Jan 27, 2008 (9:26 pm)
Reply

Replying to: kyfdx (Jan 27, 2008 7:28 pm)

Yea...i looked at both of those and i liked the IS more than the TSX...the only other thing i liked more than that IS was the 328 coupe with was out of my price range...Yea I realized that today (that they weren't taking in the vehicle in as a trade) so I'm wondering if you think they would consider doing that.
 
Given the deal I outlined above, do you think that is a pretty reasonable deal to go through with??
 
Thanks..
#489 of 1166
My First Lease ? by bubbatree
Jan 27, 2008 (10:09 pm)
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Seattle area dealer is quoting loaded IS250 MSRP 34085 plus 6170 in options, 36 months 30000 miles; 8.9% tax, 7000 down, residual of 24201. Have never leased before. What do you say? Deal or No Deal?
#490 of 1166
IS350 Lease by coby03
Jan 28, 2008 (3:59 am)
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Car_Man or kyfdx,
 
Any thoughts on the lease terms I received from the dealer? From what I saw on earlier posts, the MF of 0.0024 looks high. Is the 36mo/12K RV 55% correct? Thanks.
 
Ken
#491 of 1166
Re: Current MF [avex] by Car_man HOST
Jan 29, 2008 (4:00 am)
Reply

Replying to: avex (Jan 08, 2008 9:06 pm)

Hi avex. Lexus Financial Services' January buy rate lease money factor and residual value for a 36 month lease of a 2008 Lexus IS 350 with 15,000 miles per year are .00210 and 53%, respectively for consumers who qualify for its Tier 1+ credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#492 of 1166
Re: Current MF [the_bull] by Car_man HOST
Jan 29, 2008 (4:03 am)
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Replying to: the_bull (Jan 10, 2008 1:56 pm)

Greetings to the_bull. According to the latest information that I have seen, Lexus Financial Services' buy rate lease money factor and residual value for a 36 month lease of a 2008 Lexus IS 250 AWD with 12,000 miles per year are .00140 and 57%, respectively for consumers who qualify for its Tier 1+ credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#493 of 1166
Help on 250IS lease in California by usc1
Jan 29, 2008 (11:44 pm)
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Dear Carman or The Bull--
 
In immediate market for a lease on a black on black 250 IS w/navig.+ Bluetooth
 
Santa Monica Lexus gave these terms;
 
invoice just under $39,000--which they would discount to $35,314
 
3 year lease 12,000/yr
$5000 down + another $1000 for drive off fees--total $6k
 
Monthly $396.07 including tax
 
Residual $21,838
 
Any thoughts,
 
time is of the essence
#494 of 1166
Re: Current MF [gardner5236] by Car_man HOST
Jan 30, 2008 (2:16 am)
Reply

Replying to: gardner5236 (Jan 10, 2008 4:37 pm)

Hi gardner5236. The last time that I checked, I believe that consumers needed to have a score of 730 or above to qualify for Lexus Financial Services' Tier 1+ credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#495 of 1166
Re: ?????????????? [the_bull] by Car_man HOST
Jan 30, 2008 (2:20 am)
Reply

Replying to: the_bull (Jan 11, 2008 10:32 am)

Hey the_bull. I just answered your question a couple of posts ago. Please check there for my response and let me know if you have any other questions.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#496 of 1166
Re: IS350 Lease Questions [coby03] by Car_man HOST
Jan 30, 2008 (2:29 am)
Reply

Replying to: coby03 (Jan 25, 2008 4:01 pm)

Hi coby03. The money factor that you were quoted for this car looks a little high to me. According to the latest information that I have seen, Lexus Financial Services' current buy rate lease money factor for a 36 month lease of a 2008 Lexus IS 350 is only .00210 for consumers who qualify for its Tier 1+ credit tier. Make sure that the dealer you are working with uses this factor to calculate your monthly payment.
 
As far as the selling price that you were quoted goes, the IS 350 that you are interested in probably has a spread of just under $5,000 between its full MSRP and its dealer invoice price. You were quoted a discount of just under $2,900. That puts you at a little over $2,000 over invoice. That's enough room that it wouldn't hurt to comparison shop with another Lexus dealer or two in your area. I'm not saying that you will definitely be able to beat this price, but it is worth a shot. Also, make sure to stop by the "Lexus IS 250 / IS 350 Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar cars lately.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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